West Bromwich Road - £29,950
Location: Walsall - WS5
Type: Commercial Property
Price: £29,950
Area: 455 sq ft (42 sq m)
Local Authority: Walsall MBC - Unknown band
Branch: Walsall - 01922 629000
Summary: Hot Food Takeaway to let @ £15,600 per annum
Details
LOCATION The property is situated on the corner of West Bromwich Road and Walstead Road in a mixed commercial and residential locality opposite Joseph Leckie School. Walsall town centre is approximately 1 mile to the north and junction 9 of the M6 motorway is approximately 1 mile to the west via the A4148 Broadway West (Ring Road).
DESCRIPTION The property comprises a two storey, end terraced property of brick construction with a pitched tiled roof. The property comprises a ground floor, lock-up retail shop and a self-contained, two bedroomed flat over. The property is set behind a tarmacadam surfaced forecourt providing customer car parking.
ACCOMMODATION Ground Floor FRONT “L” SHAPED RETAIL AREA having modern glaze display window frontage and roller shutter security grill. Net internal width approx. 19’0” narrowing to the rear to 10’9” x a maximum depth of 29’0”. Net internal sales area approximately 455 sq. ft. (42.27 sq. m). REAR STORE approximately 131 sq. ft. (12.17 sq. m) with LOBBY/KITCHEN and TOILET off. SELF-CONTAINED LIVING ACCOMMODATION Ground Floor:: PORCH; ENTRANCE HALL and KITCHEN. First Floor LIVING ROOM; TWO BEDROOMS; BOXROOM/ STORE.
SERVICES Usual mains services are understood to be available to the property, although we have made no formal enquiries and no tests have been applied.
RATING INFORMATION Rateable Value : £2,700; Rates Payable : £1,309.50 per annum; Description : Shop & Premises
TOWN PLANNING We understand that the property has planning permission for the ground floor to be used as a hot food takeaway. Interested parties are advised to make their own enquiries of the Local Authority Planning Department in this regard.
TERMS The property is let by way of a 15 year Full Repairing and Insuring Lease from the 25th December, 2008 at a rental of £15,600 per annum with rent reviews every three years. A copy of the lease will be available for inspection at the agents office. The premises are available by way of an assignment of the existing lease and offers are sought in terms of fixtures and fittings and goodwill in respect of the hot food takeaway business. We understand that the flat is currently sub-let at a rental of £100 per week.
COSTS The ingoing tenant will be responsible for the landlords legal expenses in connection with the preparation of the Agreement.
EPC An EPC will be available for inspection at the agents office.
VIEWING Contact sole agents, Fraser Wood Commercial, on 01922 629000. Please note that all parties viewing the property do so at their own risk and neither the vendor nor the agent accept any responsibility or liability as a result of any such viewings.
(SJ/SJW/160210)
CONDITIONS UNDER WHICH PARTICULARS OF THIS PROPERTY ARE ISSUED. Fraser Wood for themselves and the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract; (ii) no person in the employment of Fraser Wood has any authority to make or give representation or warranty whatever in relation to this property.